Time for the West to seize Russian state assets ...Middle East

To win the war against Russia, monetary support will be as important to Ukraine as will be the delivery of weapons. But Ukraine’s government is running an approximately $5 billion monthly deficit, and its foreign currency reserves are being substantially depleted. As one commentator put it, “The current pace of losses means that Ukraine will be shortly on the verge of financial collapse if aid inflows are not sped up.” Financial aid from the United States, and to a lesser extent Europe, have thus far met the needs. However, no quick conclusion to the war is likely, as the recent announcement by the United States Department of Defense providing “mid- and long-term” capabilities to Ukraine

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Last updated : 08 September 2022 clock 04:57 PM

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Time for the West to seize Russian state assets ...Middle East

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